Why China’s Investment Bankers Are Breaking Up With Capitalism
Big Take Asia2 Jul 2024

Why China’s Investment Bankers Are Breaking Up With Capitalism

One after another, bankers at China International Capital Corporation — China’s premier investment bank – are pledging loyalty to the Communist Party, underscoring a new reality for Wall Street-style capitalists in the era of Xi Jinping.

Today on the Big Take Asia, host David Gura speaks with Bloomberg’s Cathy Chan about the tug-of-war between communism and capitalism at the “Morgan Stanley of China,” and how politics are redefining Chinese finance.

Read More: China’s Investment Bankers Join the Communist Party as Morale (and Paychecks) Shrink

Further listening: What Does China’s Economic Slowdown Mean For the Communist Party?

See omnystudio.com/listener for privacy information.

Episoder(124)

What the Israel-Iran Conflict Means for China

What the Israel-Iran Conflict Means for China

On Tuesday morning, in a series of posts celebrating the fragile ceasefire between Iran and Israel, Donald Trump touched on one of Iran’s most significant economic relationships, writing, “China can n...

24 Jun 202515min

How China Is Building a Powerful Army of Hackers

How China Is Building a Powerful Army of Hackers

Teams from China used to dominate international hacking competitions, until Beijing ordered them to stop attending and take part only in domestic tournaments.On today’s Big Take Asia Podcast, host K. ...

17 Jun 202516min

The US and China’s High-Stakes Diplomacy

The US and China’s High-Stakes Diplomacy

President Donald Trump said a trade framework with China has been completed after two days of talks in London. He said Beijing would supply rare earths and magnets “UP FRONT” and the US would allow Ch...

12 Jun 202518min

Wall Street Banks Are Battling for Japan’s Top Young Talent

Wall Street Banks Are Battling for Japan’s Top Young Talent

Japan’s hottest banking talent is in high demand as Wall Street goes all out to woo new hires with fancy dinners, strong-arm tactics and higher salaries. On today’s Big Take Asia Podcast, Bloomberg’s ...

10 Jun 202513min

Nintendo's Big Bet on Switch 2

Nintendo's Big Bet on Switch 2

The Nintendo Switch has generated some $100 billion in sales for the Japanese gaming giant since its launch in 2017, propelling the company’s shares to record highs. Now the game-maker is under pressu...

3 Jun 202515min

The Dollar’s Dominance Is Unwinding in Asia

The Dollar’s Dominance Is Unwinding in Asia

As Donald Trump tries to remake global trade, the dollar’s historic dominance in Asia is under pressure. After Taiwan’s currency saw the biggest surge against the dollar in almost 40 years in early Ma...

27 Mai 202516min

What It Takes to Negotiate With China

What It Takes to Negotiate With China

The trade war between the US and China is on pause, with both sides hoping to agree on a new trade deal by early August. But questions remain about how realistic that timetable could be, given the cha...

22 Mai 202519min

Who Is the Mysterious Founder of China’s DeepSeek?

Who Is the Mysterious Founder of China’s DeepSeek?

Despite the global hype around China’s DeepSeek, very little is known about the man behind it – Liang Wenfeng. On today's Big Take Asia Podcast, host K. Oanh Ha talks to Bloomberg's Saritha Rai about ...

20 Mai 202518min

Populært innen Business og økonomi

lydartikler-fra-aftenposten
stopp-verden
dine-penger-pengeradet
rss-penger-polser-og-politikk
e24-podden
rss-borsmorgen-okonominyhetene
pengesnakk
pengepodden-2
tid-er-penger-en-podcast-med-peter-warren
utbytte
livet-pa-veien-med-jan-erik-larssen
rss-markedspuls-2
liberal-halvtime
finansredaksjonen
morgenkaffen-med-finansavisen
lederpodden
rss-politisk-preik
rss-pa-konto
okonomiamatorene
rss-investering-gjort-enkelt